Ezcorp (EZPW) FY2019 results: revenue $847 million, up 4.3% on the year
Ezcorp Inc. (EZPW) reported revenue of $847 million for fiscal 2019, the year ended 30 September 2019, up 4.3% on the year before. Net income was $3 million, down 93.2%, and diluted earnings per share $0.04. The figures are the company's own, from the 10-K it filed with the SEC on 5 December 2019.
Revenue
$847 million
+4.3% on the year
FY2012FY2019
Operating margin
5.5%
8.3% a year earlier
FY2012FY2019
Net income
$3 million
-93.2% on the year
FY2012FY2019
Diluted EPS
$0.04
-93.8% on the year
FY2012FY2019
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Revenue
847
812
748
+4.3%
Cost of revenue
n/a
n/a
267
Gross profit
494
482
436
+2.7%
Gross margin
58.4%
59.3%
58.2%
Operating income
47.0
67.1
53.0
-30.0%
Operating margin
5.5%
8.3%
7.1%
Interest expense
32.6
27.8
27.8
+17.3%
Pre-tax income
4.2
55.5
42.7
-92.5%
Income tax
2.4
18.4
11.1
-86.9%
Effective tax rate
57.6%
33.1%
26.0%
Net income
2.5
37.3
31.4
-93.2%
Net margin
0.3%
4.6%
4.2%
Diluted EPS
$0.04
$0.64
$0.58
-93.8%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Operating cash flow
104
89.0
50.7
+16.3%
Capital expenditure
38.8
40.5
25.0
-4.0%
Free cash flow
64.7
48.5
25.7
+33.3%
Free cash flow margin
7.6%
6.0%
3.4%
Cash from investing
-27.8
-134
-13.4
Cash from financing
-198
168
53.4
Depreciation and amortisation
28.8
25.5
23.7
+13.0%
Share-based compensation
9.8
10.8
5.9
-9.6%
Buybacks
0.0
0.0
0.0
Diluted shares, weighted
56m
58m
54m
-3.3%
Balance sheet
$ million
FY2019
FY2018
FY2017
On the year
Last 8 years
Shareholders' equity
745
743
662
+0.3%
Non-controlling interest
0.0
-3.3
-2.4
Debt
239
417
285
-42.8%
Operating lease liabilities
153
n/a
n/a
Other liabilities
n/a
85.5
79.6
Total liabilities and equity
1,084
1,242
1,024
-12.7%
Fixed assets
67.4
73.6
58.0
-8.5%
Goodwill
301
299
255
+0.4%
Intangible assets
68.0
54.9
32.4
+23.9%
Cash and equivalents
158
285
164
-44.8%
Receivables
10.9
18.9
19.5
-42.4%
Inventory
179
167
154
+7.4%
Other assets
300
343
341
-12.5%
Total assets
1,084
1,242
1,024
-12.7%
10-K for the year ended 30 September 2019, filed 5 December 2019: the filing.